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Turning the light inward: evaluation of IMF

By: Khatkhate, Deena.
Material type: materialTypeLabelArticlePublisher: 2002Description: p.4627-632.Subject(s): International Monetary Fund In: Economic and Political WeeklySummary: The IMF's newly set up Independent Evaluation Office has recently released its first report. The report analyses the causes of prolonged use of IMF resources by borrowing countries, with case studies of Pakistan, Philippines and Senegal. This report, to be followed by one on fiscal adjustment in Fund programmes and another on capital account crises in Korea, Indonesia and Brazil, signals that the IMF is serious about turning the light inward to confront its mistakes and shortcomings and draw relevant lessons for its future work. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 37, Issue no: 46 Available AR54966

The IMF's newly set up Independent Evaluation Office has recently released its first report. The report analyses the causes of prolonged use of IMF resources by borrowing countries, with case studies of Pakistan, Philippines and Senegal. This report, to be followed by one on fiscal adjustment in Fund programmes and another on capital account crises in Korea, Indonesia and Brazil, signals that the IMF is serious about turning the light inward to confront its mistakes and shortcomings and draw relevant lessons for its future work. - Reproduced.

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